Property Attributes
- MLS#T3516956
- TypeIncome
- CountyPINELLAS
- CitySAINT PETERSBURG
- AreaSt Pete
- NeighborhoodBay Shore Rev
- Zip33701
- StyleMulti Family
- Year Built1918
- Taxes$ 25816
- Price$ 3,599,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2778
- Lot Size7,841 SqFt
Data Source:
Stellar MLS
Property Description
CASH COW Boutique Hotel in TOP location in Downtown St Pete only 1 block off Beach Drive. Offering an 7.5% CAP, this property is super easy to manage and is run like an Airbnb and can be managed easily from your cell phone. The hotel features 8 beautifully remodeled and furnished suites, a gorgeous new pool and spa, a small gym, 6 parking spaces, and several private, tropical outdoor seating areas for your guests to enjoy. This property is fully licensed for 8 rooms and has been painstakingly remodeled from the studs up including: all new plumbing, new electrical, full indoor fire sprinklers, new roof, a common area kitchen, and furnished with every detail in mind including the monogrammed linens. If you're looking for a turn-key investment with an excellent ROI then look no further! No flood insurance required as located in Flood Zone "X".
Price History | |
---|---|
4/9/2024 | Listed $3,599,000 |
General Features
Interior Features | Ceiling Fan(s),Crown Molding,Open Floorplan,Window Treatments |
---|---|
Sewer | Public Sewer |
Heating | Central |
Cooling | Central Air |
Utilities | Electricity Connected |
Roof | Metal |
Appliances | Bar Fridge,Dryer,Microwave,Washer |
Exterior Features | Fenced,Garden |
Patio/Porch Features | Covered,Front Porch,Patio |
Pool Features | Deck,In Ground |
Construction Materials | Stucco,Wood Frame,Wood Siding |
Year Built | 1918 |
View | City |
Levels | Three Or More |
Property SubType | Multi Family |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Pinellas |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | BAY SHORE REV |
Garage Y/N | No |
Status | Active |
Directions | Located in Historic Old Northeast,from Beach Drive NE turn West on 5th Ave NE (a one way street) to address. |
City | SAINT PETERSBURG |
Buyer Agent Compensation | 2.5%-$395 |
Senior Community Y/N | No |
Total Units | 1 |
MLS Area | 33701 - St Pete |
Lot Size Square Feet | 7636 |
Private Pool | Yes |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | 5th |
Listing Terms | Cash,Conventional |
Spa Features | In Ground |
Tax Annual Amount | 25816 |
Public Remarks | CASH COW Boutique Hotel in TOP location in Downtown St Pete only 1 block off Beach Drive. Offering an 7.5% CAP,this property is super easy to manage and is run like an Airbnb and can be managed easil |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/T3516956 |
Days on Market | 29 |
Standard Status | Active |
Tax Lot | 9 |
Legal Description | BAY SHORE REV BLK 9,LOT 9 |
Interior Features
Flooring | Hardwood |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | AVENUE |
Laundry Features | Inside |
LivingAreaSource | Public Records |
Living Area Units | Square Feet |
Exterior Features
Parking Features | Guest,Off Street,Parking Pad |
---|---|
Water Source | Public |
Lot Size Area | 7636 |
Foundation Details | Crawlspace |
Number of Buildings | 1 |
Spa | Yes |
Building Area Total | 3162 |
Lot Size Acres | 0.18 |
Road Surface Type | Paved |
Lot Size Units | Square Feet |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool